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Gjensidige Forsikring ASA Proposes Board Authorizations Renewal

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Gjensidige Forsikring ASA Proposes Board Authorizations Renewal

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Gjensidige Forsikring ASA ( (GB:0OJC) ) has shared an update.

Gjensidige Forsikring ASA’s Board has proposed the renewal of several board authorizations at the upcoming annual general meeting, including capital increase, dividend distribution, and share purchases for employee programs and investment. This move is indicative of the company’s strategic efforts to optimize its capital structure and ensure financial flexibility, which could strengthen its market position and potentially benefit stakeholders.

More about Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a leading Nordic non-life insurance company listed on the Oslo Stock Exchange. It operates with approximately 4,600 employees and offers insurance services in Norway, Denmark, Sweden, and the Baltics, with additional pension and savings services in Norway. The company reported insurance revenues of NOK 39 billion in 2024 and total assets of NOK 171 billion.

YTD Price Performance: 14.54%

Average Trading Volume: 32,622

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK114.9B

For detailed information about 0OJC stock, go to TipRanks’ Stock Analysis page.

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